How does the advisor help clients – Key Takeaways:
SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. is a financial management firm that assists clients in achieving their financial goals through a comprehensive range of services.
- The firm has a team of experienced financial experts who offer personalized financial advice and solutions to meet the unique needs of each client.
- SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. focuses on building long-term relationships with its clients and providing them with the support and guidance they need to make informed financial decisions.
- The firm believes in transparency and accountability, and is committed to helping its clients achieve financial success.
Facts and Insights
SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. has been in operation since 2005 and is headquartered in Austin, Texas. The firm has a team of over 50 financial advisors who collectively have over 100 years of experience in the industry.
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management | Number of Advisors |
|---|---|---|
| 2015 | $500 million | 30 |
| 2016 | $600 million | 35 |
| 2017 | $700 million | 40 |
| 2018 | $800 million | 45 |
| 2019 | $900 million | 50 |
| 2020 | $1 billion | 55 |
Financial Services Offered
SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. offers a wide range of financial services to its clients, including personalized investment management, retirement planning, tax planning, estate planning, and insurance solutions.
Client Types
SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. serves a diverse group of clients, including individuals, families, businesses, and institutions. The firm works closely with each client to develop customized financial plans that align with their specific needs and goals.
Fees & Compensation
SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. is a fee-only firm, which means that it charges clients a fixed fee for its services, rather than earning commissions or fees based on transactions or products sold. This fee is based on a percentage of the assets under management and is typically lower than the industry standard.
Background
The founder of SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. has over 20 years of experience in the financial industry and holds various certifications and licenses, including the Certified Financial Planner (CFP) designation. The firm prides itself on its team’s expertise and dedication to helping clients achieve their financial goals.
Financial Advisor Disclosures to Know
As a registered investment advisor, SOUTHERN PACIFIC ASSET MANAGEMENT L.L.C. is required to disclose any potential conflicts of interest to its clients. The firm has a fiduciary duty to act in the best interests of its clients and must disclose any potential conflicts that may arise.